After reading this article you will learn about:- 1. Role of Managing Agents in the Promotion of Industries 2. Defects in the Promotion of Industries in India 3. Regulation of Promotion Role of Managing Agents in the Promotion of Industries: Promotion of industries in India was started by the British businessmen who realised the importance of the vast resources and [...]
After reading this article you will learn about the application of economics to plants and industrial undertakings. Economics is the science which studies human behaviour as a relationship between ends (objectives) and scarce means (limited resources) which have alternative uses. Economics can be divided into two parts: (a) Macro-Economics: Macro-Economics deals with whole economy. It studies the growth of national [...]
After reading this article you will learn about the calculation of productivity and factors affecting it. Calculation of Productivity: Productivity of a production system is analogous to the efficiency of a machine. Just as it is desired to increase the efficiency of a machine, it is also aimed at to raise the productivity within the available resources. Productivity may be [...]